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Kryger [21]
3 years ago
9

What was the purpose of the gold standard in the late 19th century?

History
1 answer:
kari74 [83]3 years ago
6 0

Answer: The gold standard would prevent governments from inducing inflation by the issuance of paper money that was not backed by gold.

Explanation: Google always got my back ;)

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What was the purpose of literacy tests during the bourbon era?
qwelly [4]

During the bourbon era, the purpose of literacy tests was to limit the access of giving votes.

Option B is the correct answer.

<h3>Who were Bourbons?</h3>

Bourbons were the politicians of southern America that opposed the transformation initiated in the Reconstruction era and after the end of the Civil war.

The literacy tests were the medium used by the bourbons to analyze the ability of reading and writing of the voters. But in an actual sense, it was the barrier that had been used for discriminating the black people called African Americans and the poorer white people.

Therefore, the access to voting rights was restricted by initiating the literacy tests in the era of Bourbons.

Learn more about Bourbons in the related link:

brainly.com/question/14113014

#SPJ1

5 0
2 years ago
Need help please thank you
zhuklara [117]
3rd One Down bottom
5 0
3 years ago
The Bretton Woods system a. ended in 1971 b. ended in 1939 when World War II began c. is currently the basis for the internation
kkurt [141]

Answer:

The correct answer is A. The Bretton Woods system ended in 1971.

Explanation:

The Bretton Woods system was a fixed exchange rate system in which the exchange rate for countries' currencies against the US dollar was fixed. From 1945 to 1971, it regulated exchange rates for member countries of the International Monetary Fund (IMF).

In July 1944, an international conference was held in the small town of Bretton Woods, New Hampshire, with participants from 44 nations. It was decided to set up the International Monetary Fund and the Bretton Woods system, the latter being used until the early 1970s.

The agreement meant that the member countries joined a fixed exchange rate system, which set the exchange rate for the country's currency against the US dollar. Instead, the US guaranteed a fixed redemption price of the dollar in gold. Exchange rate changes were made only to adjust for "basic imbalances" in the balance of payments. In practice, the agreement meant an end to repeated and drastic devaluations of local currencies in search of competitiveness in the export market. Earlier currency restrictions could also be lifted, with the result that international trade could increase.  

The system was aborted in 1971, when the United States decided to no longer guarantee the dollar value with a fixed redemption price in gold, called the "Nixon shock". By then, the United States had already let the dollar exchange rate float in 1968. The reasons were, among other things, in the extremely costly Vietnam War for the United States. The result was that other currencies with previously fixed exchange rates also floated. The Bretton Woods system formally ceased in 1973, after vain attempts to stabilize key currencies.

4 0
3 years ago
QUESTION is below pls answer
ss7ja [257]

Answer:

it is A

Explanation:

i just took the test

8 0
3 years ago
Why did American colonists argue against the Townshend Acts?
12345 [234]

Answer:

A

Explanation:

5 0
3 years ago
Read 2 more answers
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